Solana (SOL) has been making headlines lately with its ETF developments. However, in 2024, investors looking for growth won’t focus on big-cap coins like Solana (SOL) and Dogwifhat (WIF), which have limited potential for explosive growth.
Instead, they’re seeking opportunities that offer the massive gains early investors saw with BNB and Solana. This year, a new project is catching attention with its presale, drawing over 25,000 registrants. Can DTX Exchange (DTX) surpass the gains of Solana (SOL) and Dogwifhat (WIF) in 2024?
Solana (SOL) ETF Debuts In Brazil
Recently, Brazil made headlines by becoming the first country to launch Solana (SOL) ETFs. The first ETF, QSOL11, debuted on Wednesday, August 28, 2024. Priced at $10 per share, it quickly rose to the top, raking in over $2.75 million on its initial public listing on B3, Brazil’s leading stock exchange.
This first Solana (SOL) ETF surpassed $2 million in its debut sale, and Solana (SOL) appeal is providing a sense of security for mainstream investors has been a critical factor in this success. This week, Brazil’s regulatory body, the CVM, approved a second Solana (SOL) ETF, which Hashdex will manage.
Dogwifhat (WIF) Slides Again Near The 6-Month Low
After rejecting from the $2 level, Dogwifhat (WIF) is trading above the support zone of $1.3. On 20th August, it reversed, forming a double-bottom, and increased around 35% before rejecting from the upper levels. The current Dogwifhat (WIF) support zone has been tested many times, making it prone to breakdown.
If this support level cannot sustain the Dogwifhat (WIF) sellers and breaks down, we can see a fresh low after a long time. $1.25 is a level to watch on the downside, while $1.72 and $2 are the primary resistance levels near the current levels of Dogwifhat (WIF).
DTX Exchange (DTX) Taking The Lead In The Market While Big Flops To Perform
DTX Exchange (DTX) is revolutionizing the trading world with its outstanding trading techniques and advanced features. The platform has become a talking point amongst the crypto community in general and, in particular, has been one of the hottest topics since it succeeded in the pre-sale—netting over $2.1 million, all in the first month of the presale.
The platform, one of the most eye-catching features, can complete 0.04-second gas-less transactions, which is a huge grabber and attention-grabber. Security also takes top priority in DTX Exchange, as the platform uses an up-to-date blockchain L1 technology that ensures users keep their assets and control private keys without going through KYC procedures in a non-custodial wallet system.
DTX allows traders of different levels to get over 120,000 financial instruments in different markets, such as stocks, cryptocurrencies, commodities, and forex. The platform can operate with enormous adaptivity in the field, providing quant and algorithmic trading strategies and copy trading, which is a more efficient tool for traders.
You Can Visit The DTX website here
